I checked it out last night and found an REIA monthly meeting for my area that's well established and has a strong community of investors and real estate professionals....and of course frequent BP!

After two years of collecting rents, I repeated the process.

You can buy a house for $80k, put $20k into it, rent it out for $1,500 a month, $400 a month cashflow, do a cash-out refi, and then repeat and use that same money over and over.

It's all about testing then when it works rinse and repeat.

Repeat.

Those who had constructed higher density buildings prior to the action - and the odd one who has since made the argument for higher density given the adjacent lots are already zoned as such - are the few true multi-units in the neighbourhood.Unofficially, the boundaries of what is permitted by zoning (a single family dwelling with an accessory apartment) are frequently pushed and there are many older 1500ft^2 post-war houses which have been converted from 2/1s and 3/1s to 4/2s and 5/2s and most of the properties in the neighbourhood provide student housing.  

If you can rinse and repeat for 5 times, you're home free. 

Hello,I am relatively new to the BiggerPockets forum world, but I see the value in the community and intend on being a frequent contributor.Currently, I am a full-time real investor who now owns hundreds of single family homes and duplexes and a couple of small apartment complexes.  

Well you basically described what a good turnkey company would consist of :) The most important being the motivation to keep earning your repeat business.

@Kyle N..Here are some rules if you're a  landlord wanting to sell on termsWhat not to do: sell on contract for deed or sub 2You can bring them to a RMLO and see where the problems are, mortgage origination is never been more difficult.To play it safe I would bring them down the bank, have them open up savings account, and automatic withdrawal out of their paycheck for 5 to 10%, and that money is for the down paymentThen I would give them a lease and a right of first refusal of which is better for you than giving them an optionHave them go through the FHA home education programIf you want to help their credit, help them do a "bank round Robin" to create a history on their credit report thats brand-newYou go to bank one, give the bank $1000, ask for $1000 loan that's reported on the credit report, pay it off, go to bank too repeat that process.